Pzena Investment Management Portfolio
Pzena Investment Management 13F filer (CIK 0001027796).
Q1 2024 · 158 positions · Total reported value $28.72B · Top-10 concentration 37.0%
Turnover: 50.6% · 12 new · 65 cut · 9 exited
In its Q1 2024 13F filing, Pzena Investment Management disclosed 158 equity positions with a combined reported value of $28.72B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 37.0% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q1 2024 were MGA ($1.33B), CTSH ($1.22B), COF ($1.09B). By sector, the heaviest allocations are Financials 29.7%, Consumer Discretionary 17.0%. Versus the prior quarter, allocation shifted toward Consumer Staples (+3.8pp), Health Care (+1.7pp) and away from Industrials (-1.7pp), Technology (-1.7pp).
Versus the prior quarter, Pzena Investment Management opened 12 new positions, trimmed 65 and fully exited 9, a turnover rate of 50.6% of positions. The portfolio's overlap with the prior quarter was 88% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | MGA | MAGNA INTL INC | 18.04M | $1.33B | 4.63% | Add |
| 2 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | 16.67M | $1.22B | 4.25% | Reduce |
| 3 | COF | CAPITAL ONE FINL CORP | 7.30M | $1.09B | 3.78% | Reduce |
| 4 | DOW | DOW HLDGS INC | 18.52M | $1.07B | 3.73% | Hold |
| 5 | BAX | BAXTER INTL INC | 24.41M | $1.04B | 3.63% | Add |
| 6 | C | CITIGROUP INC | 16.32M | $1.03B | 3.59% | Reduce |
| 7 | WFC | WELLS FARGO & CO | 17.13M | $992.80M | 3.46% | Reduce |
| 8 | EQH | EQUITABLE HLDGS INC | 25.32M | $962.44M | 3.35% | Reduce |
| 9 | EIX | EDISON INTL | 13.61M | $962.29M | 3.35% | Add |
| 10 | SSNC | SS&C TECH HLDGS | 14.52M | $934.59M | 3.25% | Hold |
| 11 | LEA | LEAR CORP | 6.24M | $904.31M | 3.15% | Hold |
| 12 | CHTR | CHARTER COMMUNICATIONS INC N | 2.85M | $827.85M | 2.88% | Add |
| 13 | UBS | UBS GROUP AG | 29.67M | $823.06M | 2.87% | Reduce |
| 14 | BAC | BANK OF AMER CORP | 21.47M | $813.98M | 2.83% | Add |
| 15 | PVH | PVH CORPORATION | 5.34M | $750.78M | 2.61% | Reduce |
| 16 | MET | METLIFE INC | 10.03M | $743.27M | 2.59% | Reduce |
| 17 | NOV | NOV INC | 35.07M | $684.62M | 2.38% | Add |
| 18 | MDT | MEDTRONIC PLC | 7.67M | $668.37M | 2.33% | Add |
| 19 | BMY | BRISTOL-MYERS SQUIBB CO | 12.29M | $666.70M | 2.32% | Add |
| 20 | TSN | TYSON FOODS INC | 10.55M | $619.60M | 2.16% | Add |
| 21 | CVS | CVS HEALTH CORP | 5.55M | $442.94M | 1.54% | Add |
| 22 | NWL | NEWELL BRANDS INC | 53.79M | $431.94M | 1.50% | Reduce |
| 23 | AVT | AVNET INC | 8.59M | $426.12M | 1.48% | Hold |
| 24 | DOX | AMDOCS LTD | 4.25M | $384.50M | 1.34% | Hold |
| 25 | SWKS | SKYWORKS SOLUTIONS INC | 3.43M | $371.45M | 1.29% | Add |
| 26 | FMS | FRESENIUS MEDICAL CARE AG | 16.27M | $313.72M | 1.09% | Hold |
| 27 | DG | DOLLAR GEN CORP | 1.93M | $301.74M | 1.05% | New |
| 28 | GPN | GLOBAL PMTS INC | 2.18M | $291.79M | 1.02% | Hold |
| 29 | VOYA | VOYA FINANCIAL INC | 3.78M | $279.46M | 0.97% | Hold |
| 30 | WAB | WABTEC | 1.85M | $269.56M | 0.94% | Reduce |
| 31 | JPM | JPMORGAN CHASE & CO | 1.31M | $263.35M | 0.92% | Reduce |
| 32 | SHEL | SHELL PLC | 3.89M | $261.02M | 0.91% | Hold |
| 33 | NOK | NOKIA CORP | 67.49M | $238.91M | 0.83% | Add |
| 34 | PFE | PFIZER INC | 7.67M | $212.85M | 0.74% | Add |
| 35 | GS | GOLDMAN SACHS GROUP INC | 471.64K | $197.00M | 0.69% | Hold |
| 36 | CI | THE CIGNA GROUP | 541.41K | $196.63M | 0.69% | Reduce |
| 37 | MHK | MOHAWK INDS INC | 1.46M | $191.44M | 0.67% | Reduce |
| 38 | CNO | CNO FINL GROUP INC | 6.54M | $179.64M | 0.62% | Reduce |
| 39 | GIL | GILDAN ACTIVEWEAR INC | 4.74M | $176.14M | 0.61% | Reduce |
| 40 | OLN | OLIN CORP | 2.88M | $169.24M | 0.59% | Reduce |
| 41 | BAP | CREDICORP LTD | 933.76K | $158.21M | 0.55% | Add |
| 42 | JELD | JELD-WEN HLDG INC | 7.38M | $156.72M | 0.55% | Hold |
| 43 | AIG | AMERICAN INTL GROUP INC | 1.69M | $132.49M | 0.46% | Reduce |
| 44 | DIS | DISNEY WALT CO | 1.05M | $128.03M | 0.45% | Reduce |
| 45 | HUM | HUMANA INC | 362.97K | $125.85M | 0.44% | Add |
| 46 | ZTO | ZTO EXPRESS CAYMAN INC | 5.89M | $123.33M | 0.43% | Add |
| 47 | GAP | GAP INC | 4.39M | $121.06M | 0.42% | Reduce |
| 48 | LDOS | LEIDOS HOLDINGS INC | 907.49K | $118.96M | 0.41% | Reduce |
| 49 | SPB | SPECTRUM BRANDS HOLDINGS INC | 1.32M | $117.09M | 0.41% | Add |
| 50 | AXS | AXIS CAP HLDGS LTD | 1.79M | $116.44M | 0.41% | Reduce |